Minerals Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,073	2,119	2,170	2,126	1,858
Revenue Growth (YoY)	-2.17%	-2.37%	2.09%	14.38%	16.52%
Cost of Revenue	1,555	1,571	1,663	1,661	1,412
Gross Profit	518	547.7	507.1	465	446.5
Selling, General & Admin	208	209.2	206	192.1	186.2
Research & Development	22.9	23	21.2	20.4	19.5
Operating Expenses	230.9	262.2	227.2	212.5	205.7
Operating Income	287.1	285.5	279.9	252.5	240.8
Interest Expense	-59.8	-62.2	-63.1	-47.3	-40.6
Interest & Investment Income	5.3	5.8	3.9	3.4	3.4
Earnings From Equity Investments	4.9	6.7	4.3	1.7	2.8
Currency Exchange Gain (Loss)	-3.8	-0.1	-0.1	-0.8	-0.7
Other Non Operating Income (Expenses)	-3.1	-4.6	-4.8	-3	6.3
EBT Excluding Unusual Items	230.6	231.1	220.1	206.5	212
Merger & Restructuring Charges	-15	-	-7.2	-5.1	-5.1
Gain (Loss) on Sale of Assets	9.9	12.3	-	-	-
Legal Settlements	-19.6	-11.3	-29.2	-32.6	-
Other Unusual Items	-215	-1.8	-71.7	-10.4	-1.8
Pretax Income	-9.1	230.3	112	158.4	205.1
Income Tax Expense	4.9	59.4	23.7	32.1	36.6
Earnings From Continuing Operations	-14	170.9	88.3	126.3	168.5
Minority Interest in Earnings	-4.4	-3.8	-4.2	-4.1	-4.1
Net Income	-18.4	167.1	84.1	122.2	164.4
Net Income to Common	-18.4	167.1	84.1	122.2	164.4
Net Income Growth	-	98.69%	-31.18%	-25.67%	46.26%
Shares Outstanding (Basic)	31	32	33	33	34
Shares Outstanding (Diluted)	31	32	33	33	34
Shares Change (YoY)	-2.79%	-0.92%	-0.61%	-2.96%	-1.17%
EPS (Basic)	-0.59	5.21	2.59	3.74	4.89
EPS (Diluted)	-0.59	5.17	2.58	3.73	4.86
EPS Growth	-	100.39%	-30.83%	-23.25%	47.88%
Free Cash Flow	-	146.9	140.1	23.4	146.4
Free Cash Flow Per Share	-	4.55	4.30	0.71	4.33
Dividend Per Share	0.450	0.410	0.250	0.200	0.200
Dividend Growth	9.76%	64.00%	25.00%	-	-
Gross Margin	24.99%	25.85%	23.37%	21.88%	24.03%
Operating Margin	13.85%	13.48%	12.90%	11.88%	12.96%
Profit Margin	-0.89%	7.89%	3.88%	5.75%	8.85%
Free Cash Flow Margin	-	6.93%	6.46%	1.10%	7.88%
EBITDA	377.63	380.4	374.9	346.7	335.4
EBITDA Margin	18.22%	17.96%	17.28%	16.31%	18.05%
D&A For EBITDA	90.53	94.9	95	94.2	94.6
EBIT	287.1	285.5	279.9	252.5	240.8
EBIT Margin	13.85%	13.48%	12.90%	11.88%	12.96%
Effective Tax Rate	-	25.79%	21.16%	20.27%	17.84%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.